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Studies in Labor Markets

Sherwin Rosen
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TLDR
This article present an excellent sampling of the best of current research in labor economics, combining the most sophisticated theory and econometric methods with high-quality data on a variety of problems.
Abstract
The papers in this volume present an excellent sampling of the best of current research in labor economics, combining the most sophisticated theory and econometric methods with high-quality data on a variety of problems. Originally presented at a Universities-National Bureau Committee for Economic Research conference on labor markets in 1978, and not published elsewhere, the thirteen papers treat four interrelated themes: labor mobility, job turnover, and life-cycle dynamics; the analysis of unemployment compensation and employment policy; labor market discrimination; and labor market information and investment. The Introduction by Sherwin Rosen provides a thoughtful guide to the contents of the papers and offers suggestions for continuing research.

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Where Do Interorganizational Networks Come From

TL;DR: In this paper, the authors show that the probability of a new alliance between specific organi-zations increases with their interdependence and also with their prior mutual alliances, common third parties, and joint centrality in the alliance network.
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Mobility and Stability: The Dynamics of Job Change in Labor Markets

TL;DR: In this paper, the authors investigate tests of the specific capital model and consider whether these tests are successful in distinguishing the specific-specific capital model from a model based on heterogeneity, and conclude that, while deriving convincing direct evidence for the particular-capability model of mobility is difficult, it appears that specific capital is a useful construct for understanding worker mobility and wage dynamics.
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The Role of Human Capital in Earnings Differences Between Black and White Men

TL;DR: This article examined the factors underlying the differential in earnings between black men and white men, with a focus on the role of human capital, finding that successive generations of black men entering the labor force have been increasingly more educated relative to white men.
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Model selection tests for nonlinear dynamic models

TL;DR: The authors generalizes Vuong (1989) asymptotically normal tests for model selection in several important directions, such as allowing incompletely parametrized models such as econometric models defined by moment conditions.
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The gender gap in early‐career wage growth

TL;DR: In the UK, the gender pay gap on entry to the labour market is approximately zero but ten years after labour market entry, there is a gender wage gap of almost 25 log points.